Impact of Microfinancing in Nueva Ecija

Abstract

There are significant disparities between ASEAN's ' business ' economies, both in the incidence of deprivation that could promote microfinance initiatives as a solution to disadvantage, and in the balance between private and public participation in the process.The study described the impact of Micro Financing to the business industry in terms of: Impact on per capita income, expenditure, and savings on business and family; Impact on other loans and personal savings; and Impact on the number of enterprises and employment. Survey questionnaire with liker-type scale questions were used in the study. The finding of the study in summary to the aspects is that there is a positive impact of microfinancing to Family and Business industry.